All Strategy news – Page 1140
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Cathay not in dire straits
As the manoeuvring over direct cross-straits flights continues between Beijing and Taipei, Cathay Pacific denies direct flights will damage its business as speculation grows that the transfer of Hong Kong's sovereignty to China next July will emerge as the watershed for links. That view is shared by Cathay ...
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China set for double sale
The long-awaited equity issues by China Southern and China Eastern appear to be finally moving closer following positive signals from the CAAC. Meanwhile foreign investors may purchase stakes in a Chinese regional airline and airport. Shen Yuankang, the CAAC's vice minister for general administration, says China Eastern shares ...
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China set to push MD-90?
Airlines and aircraft manufacturers are holding their collective breath while they wait for the Civil Aviation Administration of China to release its five year plan, as signs emerge of internal opposition to further orders for Boeing aircraft in an attempt to boost sales of Chinese-built MD-90s. The plan, ...
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Asia crowds Express way
China's selection of its Asian Express partners has done nothing to cool the ardour of other Asian manufacturers to pursue regional jet projects. Indonesia is proceeding independently, but elsewhere in Asia a new dating game is underway to find suitors for three proposed programmes. The focus again is ...
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Air France
National carrier Air France has appointed Anne Veyssi, cargo general manager for the UK and Ireland. Veyssi,, who has been with Air France Cargo since 1988, succeeds Bernard Frattini, who becomes cargo general manager for North America, based in New York. Source: Flight International
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IATA
The safety committee of the International Air Transport Association (IATA) has appointed Lufthansa Capt Thomas Baberg as its new chairman. Baberg, deputy chairman since 1994, takes over from Finnair's Seppo Kirjonen. Baberg, a Boeing 747-400 pilot, is responsible for flight safety within the Lufthansa group and manages and monitors the ...
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BA aims to slash costs by £1 billion over three years
Max Kingsley-Jones/LONDON BRITISH AIRWAYS is to concentrate on reducing costs at the airline's main hubs at Heathrow and Gatwick, doubling its franchising business and restructuring operating divisions such as its European partners as part of a company-wide £1 billion ($1.5 billion), three-year efficiency drive. The move, ...
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Samsung books exclusive Fokker access
SAMSUNG OF South Korea has moved a step closer to taking over Fokker with signature of a letter of intent giving it exclusive rights to examine the bankrupt Dutch manufacturer's books. The agreement with Fokker's board of trustees gives Samsung sole access to the company's accounts for one ...
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Earning its upkeep
Guy Norris/LOS ANGELES Max Kingsley-Jones/LONDON THE BOEING 777 WAS launched into revenue operations on 7 June, 1995, with United Airlines, when the US airline began to operate its first Pratt & Whitney PW4000-powered aircraft between London Heathrow and Washington DC. For several months United was the sole 777 ...
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Crandall forecasts UK-US fares battle
Max Kingsley-Jones/LONDON AMERICAN AIRLINES chairman Bob Crandall expects all five major rival US carriers to compete with the British Airways/ American alliance at Heathrow if the deal goes ahead. The American boss is forecasting a fares war across the Atlantic as capacity outstrips demand in the wake ...
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Koreans fail to agree on Pyongyang
A RECENT MEETING of the International Civil Aviation Organisation (ICAO) has failed to resolve differences between South and North Korea over the planned opening up of the Pyongyang Flight Information Region (FIR). According to ICAO, "-some progress was made", during the meeting in Bangkok between representatives from China, ...
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Sabena agrees cost-reduction deal with unions
SABENA HAS reached agreement with its three main unions over the implementation of key parts of the airline's Horizon 98 cost-reduction plan. The scheme, proposed by Sabena president Paul Reutlinger, differs little from the one proposed by his predecessor Pierre Godfroid, who was forced to resign in the ...
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Australia and New Zealand
Paul Phelan/CAIRNS AUSTRALIA AND New Zealand have endorsed a deal creating a single aviation market (SAM), effective from 1 November. The move came 24h after aviation regulators of both nations sanctioned the A$475 million ($377 million) acquisition by Air New Zealand of a 50% stake in Ansett Holdings. ...
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Caribbean crusader
Gilles Filiatreault has set out to change the way in which BWIA does business. Kevin O'Toole/LONDON IF EVER AN AIRLINE were in need of some clear, decisive, management, then it is BWIA International Airways. After experiencing privatisation, a major management-upheaval and gearing up for an ambitious expansion plan, ...
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British Midland invests £15 million to upgrade its image
BRITISH MIDLAND has invested some £15 million ($25 million) on a re-launch of its image as a European business airline, with a new corporate livery and a package of service upgrades which includes the introduction of business class for the first time on its UK routes. The measures ...
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Losses make New Zealand's Kiwi flightless
Paul Phelan/CAIRNS LOSSES AT KIWI Travel International Airlines, the New Zealand low-cost carrier, have forced it to cease operations, while two Australian airlines have also run into financial difficulties. Kiwi Travel went into voluntary liquidation with losses estimated at NZ$3 million ($2 million) over the past ...
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British Mediterranean plans more services to Middle East
Gunter Endres/LONDON FOLLOWING ITS franchise link with British Airways on the Eastern Mediterranean market, British Mediterranean Airways is planning an expansion of its services in the region, but has ruled out the acquisition of widebody aircraft. The two airlines reached a franchise agreement in August (Flight ...
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BA aims to silence new UK noise rules
Andrew Doyle/LONDON BRITISH AIRWAYS is preparing the way for a possible court challenge to new noise limits at the three major London airports, due to be imposed by the UK Government from 1 January, 1997. The carrier expects to complete an internal review within the next ...
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MDC sets October date for MD-XX
Guy Norris/LOS ANGELES McDONNELL DOUGLAS (MDC) hopes to begin offering its MD-XX, the MD-11 tri-jet derivative, to airlines as early as October and "-will launch as soon as possible after that, probably in early 1997", says Walt Orlowski, MDC vice-president and general manager of the programme. ...
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New Pan American poised for take-off
THE NEW PAN American World Airways is awaiting final US Department of Transportation (DoT) approval to start low-cost, long-haul scheduled services. On 20 August, the resurrected Pan Am gained tentative approval, but interested parties were given 15 days to comment on the DoT's decision to let the carrier begin services. ...